United States Sec. of State Rubio: Iran is in a lot of trouble
Following his meeting with Chinese Foreign Minister Wang Yi in Manila on Wednesday, United States (US) Secretary of State Marco Rubio said that “Iran is in a lot of trouble.”
FX
British Pound: Heavy trade as BoE seen adjusting – BBH
Brown Brothers Harriman’s Elias Haddad notes the British Pound (GBP) remains heavy versus the US Dollar (USD) and Euro (EUR) after a mixed United Kingdom (UK) June Consumer Price Index (CPI) report, with headline inflat…
US Dollar: Range-bound gains and episodic strength – TD Securities
TD Securities strategists expect modest US Dollar (USD) strength in Q3 2026 as positioning has room to rebuild. However, they see limited sustained upside, with the USD reverting to a traditional safe-haven profile and …
Why is Banco Santander stock climbing today?
Banco Santander Chile stock, backed by the Chilean subsidiary of the global Santander group (ISIN US05968L1026), is supported by a combination of resilient profitability, solid capital ratios, and a stable market valuat…
World Bank warns of risks of global slowdown, renewed inflation
The World Bank warned that the global economy is only "a few months" away from a worst-case scenario in which global growth slows to 1.3% while inflation rises to 4.5%, according to comments by Chief Economist Indermit …
Indonesian Rupiah weakens as BI holds rate at 5.75%
USD/IDR has recovered its daily losses, trading around 17,950 during the European hours on Wednesday. The pair appreciates as the Indonesian Rupiah (IDR) struggles after the Bank Indonesia (BI) decided to hold its bench…
Japanese Yen: Weakness persists as BoJ hike talk grows – MUFG
MUFG’s Derek Halpenny highlights persistent Japanese Yen weakness as USD/JPY trades at levels last seen in 1986, with low volatility undermining the Ministry of Finance’s case for intervention. He notes limited contagio…
Euro remains stuck near 1.1400 amid rising tensions in Iran, higher Oil prices
The Euro’s (EUR) modest upside attempt against the US Dollar (USD) witnessed during Wednesday’s Asian session has been short-lived. The EUR/USD pair was capped below 1.1420, before pulling back to levels a few pips abov…
US Dollar: Trade tariffs to reshape FX volatility – MUFG
Derek Halpenny at MUFG explains that US trade tariff uncertainty is set to re-emerge as Section 122 measures expire and are replaced by more targeted Section 301 actions. He expects widespread investigations and tariffs…
Norwegian Krone: Rate path hinges on inflation data – Commerzbank
Commerzbank’s Antje Praefcke highlights recent confusion in Norway after delayed core inflation data and an unexpected slowdown in both headline and core rates. Despite Norges Bank’s earlier hawkish tilt and a policy ra…
Japanese Yen gains strongly on hopes of BoJ aggressive tightening cycle
The Japanese Yen (JPY) attracts significant bids against its major currency peers during the European trading session on Wednesday. The USD/JPY pair falls vertically to near 162.65, but quickly recovers some losses and …
Dow Jones futures slip as traders adopt caution on US-Iran tensions
Dow Jones futures lose 0.30% to trade around 52,290 during European trading hours on Wednesday. Meanwhile, S&P 500 futures and Nasdaq 100 futures decline 0.38% and 0.85%, trading near 7,520 and 29,070, respectively.
Swiss Franc weakens as risk aversion support US Dollar
USD/CHF continues its winning streak for the third successive day, trading around 0.8130 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) receives support from growing risk aversion tied …
Hungarian Forint: Rally against Euro reassessed after rate cuts – Societe Generale
Societe Generale strategists analyze the Hungarian Forint (HUF) after the central bank of Hungary, Magyar Nemzeti Bank (MNB) cut its policy rate to 5.75% and signalled more easing. They expect a 5.0% terminal rate by ye…
Gold sticks to gains near two-week high as hopes for US-Iran diplomacy cap USD
Gold (XAU/USD) maintains its bid tone heading into the European session and currently trades just below a two-week high, set earlier this Wednesday. The US Dollar (USD) drifts lower following a four-day uptrend amid hop…
WTI Price Forecast: Rises to near $85.00 on supply disruption, but remains capped below 100-day SMA
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $84.90 during the early European trading hours on Wednesday. The WTI rises as rising tensions in the Middle East raise fears of further disrup…
US President Donald Trump approves US-Saudi Arabia nuclear deal
US President Donald Trump approved a landmark agreement with Saudi Arabia that could potentially provide the kingdom with uranium enrichment capability for its civilian nuclear program, the Wall Street Journal reported …
India Gold price today: Gold rises, according to FXStreet data
The price for Gold stood at 12,778.83 Indian Rupees (INR) per gram, up compared with the INR 12,628.91 it cost on Tuesday.
Yemen’s Houthis threaten Bab el-Mandeb closure, putting another trade chokepoint at risk
Yemen’s Houthis said that they have closed the Bab el-Mandeb Strait to Saudi-linked shipping in retaliation for the kingdom’s blockade on Yemen and a recent attack on the international airport in Yemen’s rebel-held capi…
Indonesian Rupiah inches lower ahead of BI policy decision
USD/IDR inches higher after six days of gains, trading around 17,960 during the Asian hours on Wednesday. The pair appreciates as the Indonesian Rupiah (IDR) struggles ahead of Bank Indonesia’s (BI) upcoming policy deci…
Indian Rupee falls back as oil prices rally further
The Indian Rupee (INR) opens lower against the US Dollar (USD) on Wednesday after a slight relief the previous day. The USD/INR pair rises to near 96.53 as a fresh surge in oil prices due to intensifying fears of furthe…
AUD/USD Price Forecast: Consolidates near 0.7000 as bulls await 38.2% Fibo. breakout
The AUD/USD pair struggles to capitalize on a modest Asian session uptick and extends its sideways consolidative price move around the 0.7000 psychological mark on Wednesday.
Australian Dollar strengthens above 0.7000 on RBA hawkish stance
The AUD/USD pair gathers strength to near 0.7010 during the early Asian trading hours on Wednesday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) as the likelihood of the Reserve Bank of Australia …
Gold rebounds above $4,050 as safe-haven demand intensified on persistent US‑Iran tensions
Gold price (XAU/USD) gains ground to around $4,080 during the early Asian session on Wednesday. The precious metal rebounds as safe-haven demand intensified globally after retreating to the $4,000 psychological level in…